11:19 AM EDT, 05/09/2024 (MT Newswires) -- The US Department of Transportation's Office of Inspector General will conduct an audit of the Federal Aviation Administration's oversight of United Airlines' (UAL) maintenance program, said Nelda Smith, assistant inspector general for aviation audits, in a memo. [R]ecent safety events with United Airlines -- such as flight diversions that can be traced to...

WASHINGTON, May 9 (Reuters) - The Biden administration is poised to open up a new front in its effort to safeguard U.S. AI from China and Russia with preliminary plans to place guardrails around the most advanced AI models, Reuters reported on Wednesday. Government and private sector researchers worry U.S. adversaries could use the models, which mine vast amounts of...

Himax Technologies, Inc ( HIMX )  reported a fiscal first-quarter revenue decline of 15.0% year-on-year to $207.55 million, beating the analyst consensus estimate of $203.40 million. Net revenues decreased 8.8% Q/Q. Earnings per ADS was $0.07, beating the analyst consensus estimate of $0.05. The gross margin reached 29.3%, outperforming the guidance of around 28.5%. Revenue from large display drivers was $31.3 million, a decrease of...

11:20 AM EDT, 05/09/2024 (MT Newswires) -- JPMorgan Chase's ( JPM ) Australian unit has been fined A$775,000 ($511,887.50) for allegedly allowing suspicious client orders to be placed on a futures market, the Australian Securities and Investments Commission said Thursday. An investigation found that J.P. Morgan Securities Australia should have suspected 36 orders placed by a client from Jan. 11,...